The Sachet Packaging Market trends was USD 8.20 billion in 2022 and is projected to reach USD 12.58 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.5% during the forecast period from 2023 to 2030.
Sachet packaging, a rapidly expanding industry, has witnessed substantial growth in recent years. With a market size of USD 8.20 billion in 2022, it is expected to surge to USD 12.58 billion by 2030. This remarkable growth can be attributed to the increasing demand for convenient and portable packaging solutions across various sectors.
The forecasted compound annual growth rate (CAGR) of 5.5% further emphasizes the positive trajectory of the sachet packaging market. This growth rate signifies the steady rise in demand for sachet packaging solutions over the next decade, driven by factors such as changing consumer preferences, urbanization, and the need for cost-effective packaging options.
The sachet packaging market encompasses a wide range of industries, including food and beverages, personal care, pharmaceuticals, and household products. The convenience offered by sachet packaging, with its easy-to-use and single-use format, has made it a preferred choice for consumers seeking portability and portion control.
In the food and beverage sector, sachet packaging has gained popularity due to its ability to preserve freshness and extend shelf life. Similarly, the personal care industry has embraced sachet packaging for its ability to provide on-the-go solutions, catering to the needs of busy consumers. Moreover, the pharmaceutical and household product sectors have also recognized the advantages of sachet packaging, such as reducing waste and ensuring accurate dosage.
As the market continues to grow, manufacturers are focusing on innovation and sustainability to meet evolving consumer demands. The introduction of eco-friendly materials and recyclable packaging options has gained traction, aligning with the global shift towards sustainable practices.
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KEY MARKET SEGMENTS
By Material
· Plastic
· Non-Plastic
By Size
· 1 ml-10 ml
· 11 ml- 20 ml
· 21 ml-30 ml
· Above 30 ml
By Packaging Machinery
· Vertical Form fill seal machines
· Horizontal form fill seal machines
By End Use
· Food
· Pharmaceuticals
· Cosmetic Personal Care
· Others
Key Players
Some major key playersin the Sachet Packaging market are Amcor PLC, ProAmpac, Mondi Group, Sonoco Products Company, Constantia Flexibles, Sealed Air, Huhtamaki Group, Clondalkin Group, Coveris, Synetegon Technology GmbH and other players.
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Market size by End User
